contrast, bailout policies are centralized only when international spillovers from cross-border bank ownership are strong, and … externalities between the two countries arise from cross-border bank ownership. The two countries face (i) a regulatory decision of … which banks are to be shut down before they can go bankrupt, and (ii) a loss allocation – or bailout – decision of who pays …

regulation, recovery and resolution, and risk culture. …

decentralized way. In our benchmark model the two countries always agree on a centralized regulation policy. In contrast, bailout … externalities between the two countries arise from cross-border bank ownership. The two countries face (i) a regulatory (super …- visory) decision of which banks are to be shut down before they can go bankrupt, and (ii) a bailout decision of who pays for …

contrast, bailout policies are centralized only when international spillovers from cross-border bank ownership are strong, and … externalities between the two countries arise from cross-border bank ownership. The two countries face (i) a regulatory decision of … which banks are to be shut down before they can go bankrupt, and (ii) a loss allocation – or bailout – decision of who pays …

likelihood of a bank bailout or failure during the late 2000s financial crisis. The empirical results indicate that established … bank received bailout funds. Overall, these results are consistent with regulators providing bailout funds to banks that …This paper examines the impact of charter type, holding company structure, and measures of bank fragility on the …

equity ratio, loan quality and bank size are the main determinants of bank bailout involvement. However, the aided banks … sufficient to restore bank health …

of bail-outs. Raising public funds to conduct a bail-out entails the deadweight loss of distortionary taxation. Bank bail … domestic bank failures may be contemporaneous to sovereign crises, giving rise to risk-sharing motives to mutualize the funding … the public backstop and forbearance in early bank intervention in the fiscally stronger country, facilitating bail-outs in …

Inadequate regulation of the financial system is widely thought to have contributed to the financial crisis. The … purpose of the book is to articulate a framework within which financial regulation can be analysed in a coherent and … regulation is best understood in the context of an appreciation of the entire financial system. Third it is international and …